Lakeland Financial Corp reports results for the quarter ended in June - Earnings Summary

Lakeland Financial

25/07/2022 14:03

* Lakeland Financial Corp  LKFN.OQ  reported quarterly
adjusted
earnings of $1.00​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was
for earnings of 96 cents per share.
    * Revenue rose 7.6% to $59.17 million from a year ago;
analysts
expected $59.42 million. 
    * Lakeland Financial Corp's reported EPS for the quarter was
$1.00​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Lakeland Financial Corp shares had risen by 6.0% this
quarter and lost 12.2% so far this year.
    * The company reported quarterly net income of $25.67
million.
    * Wall Street's median 12-month price target for Lakeland
Financial Corp is $70.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 25
at 01:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.96           1.00           Beat
 Mar. 31 2022      0.93           0.92           Missed
 Dec. 31 2021      0.96           0.95           Missed
 Sep. 30 2021      0.93           0.94           Beat